As part of our ambition to become a partner of choice in our customers’ decarbonization journey, Vale has invested across multiple fronts to continuously enhance our portfolio of low-carbon solutions and respond to emerging market demand.
In the steel industry, we have invested in proprietary technologies and partnerships to transition blast furnaces to production methods with lower CO2 emissions. Vale has also developed a patented iron ore briquettes that enables our customers to achieve emissions reductions as high as 10%.
In base metals, over 93% of the electricity used in our production process comes from renewable sources, and all our nickel, copper, and cobalt products are assured by third-parties. We have signed long-term off-take agreements with leading automakers, cementing Vale’s position as a leading supplier to the electric vehicle industry with an offering of high-quality products boasting a minimal environmental footprint.
Learn more about some of the innovative initiatives in our steel and base metals portfolios to support sustainable development.
Steel demand will grow steadily over the years based on emerging regions and current megatrends. Decarbonization will create market segmentation with increased appetite for high-quality products that can deliver lower CO2 emissions. We remain committed to improving our portfolio to provide solutions to our customers.
Our strategy aims to accelerate the implementation of breakthrough iron solutions to meet steelmakers’ stringent demands. Our goal is to increase the production of agglomerated products — briquettes and pellets — securing the supply of high-grade products to the market. Long term (beyond 2030), Vale anticipates reaching a production volume of approximately 100 million metric tons of agglomerates.
